Reinsurance Group Gets a Hold Rating from RBC Capital

By Carrie Williams

RBC Capital analyst Kenneth Lee reiterated a Hold rating on Reinsurance Group (NYSE: RGA) yesterday and set a price target of $134. The company’s shares closed yesterday at $139.20, close to its 52-week high of $139.35.

According to TipRanks.com, Lee is a 2-star analyst with an average return of 2.3% and a 60.0% success rate. Lee covers the Financial sector, focusing on stocks such as Ameriprise Financial, Federated Investors, and OM Asset Management.

Reinsurance Group has an analyst consensus of Hold, with a price target consensus of $129.50.

The company has a one year high of $139.35 and a one year low of $94.33. Currently, Reinsurance Group has an average volume of 291.8K.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is neutral on the stock.

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Reinsurance Group of America, Inc. is an insurance holding company, which engages in the provision of traditional and non-traditional life and health reinsurance products. It operates through the following segments: United States and Latin America; Canada; Europe, Middle East, and Africa; Asia Pacific; and Corporate and Other.